(CYD) China Yuchai International - Overview
Sector: Consumer Cyclical | Industry: Auto Manufacturers | Exchange: NYSE (USA) | Market Cap: 2.013m USD | Total Return: 237.9% in 12m
Avg Turnover: 7.69M
Qual. Beats: 0
Rev. Trend: 51.4%
Warnings
Beneish M-Score -0.26 > -1.5 - likely earnings manipulation
Fakeout Extended 1w
Tailwinds
Rs(ibd) Leader, Idiosyncratic Leader, Tailwind, Confidence
China Yuchai International Limited (NYSE: CYD) is a Singapore-based industrial manufacturer specializing in powertrain solutions through its primary subsidiary, Guangxi Yuchai Machinery Company Limited. The company produces a diverse range of diesel, natural gas, and alternative fuel engines-including hydrogen and methanol variants-for the commercial vehicle, agricultural, and marine sectors. While its core business is industrial manufacturing, the company maintains a secondary segment, HLGE, focused on hospitality and property development.
The company operates within the heavy transportation equipment sector, which is increasingly influenced by China’s transition toward National VI emission standards and decarbonization efforts. China Yuchai’s business model relies on a dual distribution network, selling directly to original equipment manufacturers (OEMs) while maintaining a retail and service infrastructure for aftermarket maintenance and engine remanufacturing. Investors may find more detailed fundamental analysis on ValueRay to further evaluate the company’s market position.
- Chinese commercial vehicle demand dictates core engine sales volume and revenue
- New emission standard implementation accelerates fleet replacement and engine upgrades
- Raw material costs for steel and aluminum impact manufacturing profit margins
- Expansion into hydrogen and electric powertrains offsets traditional diesel market contraction
- Real estate market volatility affects HLGE segment valuation and asset liquidity
| Net Income: 561.1m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.06 > 0.02 and ΔFCF/TA 5.60 > 1.0 |
| NWC/Revenue: 20.54% < 20% (prev 38.10%; Δ -17.56% < -1%) |
| CFO/TA 0.09 > 3% & CFO 2.72b > Net Income 561.1m |
| Net Debt (-5.68b) to EBITDA (1.58b): -3.58 < 3 |
| Current Ratio: 1.39 > 1.5 & < 3 |
| Outstanding Shares: last quarter (37.5m) vs 12m ago -0.73% < -2% |
| Gross Margin: 16.95% > 18% (prev 0.15%; Δ 1.68k% > 0.5%) |
| Asset Turnover: 116.8% > 50% (prev 70.74%; Δ 46.02% > 0%) |
| Interest Coverage Ratio: 9.40 > 6 (EBITDA TTM 1.58b / Interest Expense TTM 92.7m) |
| A: 0.22 (Total Current Assets 25.2b - Total Current Liabilities 18.1b) / Total Assets 32.0b |
| B: 0.22 (Retained Earnings 6.95b / Total Assets 32.0b) |
| C: 0.03 (EBIT TTM 871.2m / Avg Total Assets 29.5b) |
| D: 0.52 (Book Value of Equity 9.88b / Total Liabilities 19.1b) |
| Altman-Z'' = 2.90 = A |
| DSRI: 3.97 (Receivables 11.4b/1.60b, Revenue 34.4b/19.1b) |
| GMI: 0.87 (GM 16.95% / 14.73%) |
| AQI: 0.89 (AQ_t 0.09 / AQ_t-1 0.10) |
| SGI: 1.80 (Revenue 34.4b / 19.1b) |
| TATA: -0.07 (NI 561.1m - CFO 2.72b) / TA 32.0b) |
| Beneish M = -0.26 (Cap -4..+1) = D |
As of May 25, 2026, the stock is trading at USD 57.35 with a total of 395,248 shares traded.
Over the past week, the price has changed by +14.70%,
over one month by +35.77%,
over three months by +19.50% and
over the past year by +237.86%.
China Yuchai International has received a consensus analysts rating of 4.00. Therefore, it is recommended to buy CYD.
- StrongBuy: 1
- Buy: 0
- Hold: 1
- Sell: 0
- StrongSell: 0
| Analysts Target Price | 63.9 | 11.4% |
Market Cap CNY = 13.7b (2.01b USD * 6.7948 USD.CNY)
P/E Trailing = 25.5524
P/E Forward = 17.1821
P/S = 0.0816
P/B = 1.3447
P/EG = 0.3881
Revenue TTM = 34.4b CNY
EBIT TTM = 871.2m CNY
EBITDA TTM = 1.58b CNY
Long Term Debt = 20.0m CNY (from longTermDebt, last fiscal year)
Short Term Debt = 2.04b CNY (from shortTermDebt, last quarter)
Debt = 2.18b CNY (from shortLongTermDebtTotal, last quarter) + Leases 77.7m
Net Debt = -5.68b CNY (calculated: Debt 2.18b - CCE 7.85b)
Enterprise Value = 8.00b CNY (13.7b + Debt 2.18b - CCE 7.85b)
Interest Coverage Ratio = 9.40 (Ebit TTM 871.2m / Interest Expense TTM 92.7m)
EV/FCF = 3.87x (Enterprise Value 8.00b / FCF TTM 2.07b)
FCF Yield = 25.83% (FCF TTM 2.07b / Enterprise Value 8.00b)
FCF Margin = 6.00% (FCF TTM 2.07b / Revenue TTM 34.4b)
Net Margin = 1.63% (Net Income TTM 561.1m / Revenue TTM 34.4b)
Gross Margin = 16.95% ((Revenue TTM 34.4b - Cost of Revenue TTM 28.6b) / Revenue TTM)
Gross Margin QoQ = 18.91% (prev 18.91%)
Tobins Q-Ratio = 0.25 (Enterprise Value 8.00b / Total Assets 32.0b)
Interest Expense / Debt = 4.26% (Interest Expense 92.7m / Debt 2.18b)
Taxrate = 43.64% (209.6m / 480.2m)
NOPAT = 491.0m (EBIT 871.2m * (1 - 43.64%))
Current Ratio = 1.39 (Total Current Assets 25.2b / Total Current Liabilities 18.1b)
Debt / Equity = 0.23 (Debt 2.18b / totalStockholderEquity, last quarter 9.58b)
Debt / EBITDA = -3.58 (Net Debt -5.68b / EBITDA 1.58b)
Debt / FCF = -2.75 (Net Debt -5.68b / FCF TTM 2.07b)
Total Stockholder Equity = 9.43b (last 4 quarters mean from totalStockholderEquity)
RoA = 1.90% (Net Income 561.1m / Total Assets 32.0b)
RoE = 5.95% (Net Income TTM 561.1m / Total Stockholder Equity 9.43b)
RoCE = 9.22% (EBIT 871.2m / Capital Employed (Equity 9.43b + L.T.Debt 20.0m))
RoIC = 3.11% (NOPAT 491.0m / Invested Capital 15.8b)
WACC = 8.22% (E(13.7b)/V(15.9b) * Re(9.14%) + D(2.18b)/V(15.9b) * Rd(4.26%) * (1-Tc(0.44)))
Discount Rate = 9.14% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: -83.15 | Cagr: -3.72%
[DCF] Terminal Value 77.97% ; FCFF base≈1.33b ; Y1≈1.53b ; Y5≈2.25b
[DCF] Fair Price = 1.05k (EV 33.9b - Net Debt -5.68b = Equity 39.5b / Shares 37.5m; r=8.35% [WACC [floored]]; 5y FCF grow 15.0% → 2.50% )
EPS Correlation: N/A | EPS CAGR: N/A | SUE: 0.0 | # QB: 0
Revenue Correlation: 51.41 | Revenue CAGR: 15.00% | SUE: N/A | # QB: 0
EPS current Year (2026-12-31): EPS=21.37 | Chg30d=+8.83% | Revisions=-14% | GrowthEPS=+49.2% | GrowthRev=+12.4%
EPS next Year (2027-12-31): EPS=26.78 | Chg30d=+18.40% | Revisions=+0% | GrowthEPS=+25.3% | GrowthRev=+8.4%
[Analyst] Revisions Ratio: -14%